EQUITY RESIDENTIAL (EQR)

Equity Residential Reports Third Quarter 2009 Results

CHICAGO--(BUSINESS WIRE)--October 28, 2009--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2009. All per share results are reported on a fully-diluted basis.

“We have spent the year focused on the basics - keeping our customers satisfied and maintaining the quality of our assets while controlling our expenses. As a result of these efforts, our third quarter performance was better than anticipated and we expect to deliver same store operating results for the year that are very much in line with our expectations at the beginning of the year,” said David J. Neithercut, Equity Residential’s President and CEO. “Many thanks go to our colleagues across the enterprise for delivering these results despite very tough conditions.”

Equity Residential Reports First Quarter 2009 Results

CHICAGO--(BUSINESS WIRE)--April 29, 2009--Equity Residential (NYSE: EQR) today reported results for the quarter ended March 31, 2009. All per share results are reported on a fully-diluted basis.

“Our first quarter performance was in line with our expectations, with good overall occupancy across the country demonstrating continued demand for our apartments,” said David J. Neithercut, Equity Residential’s President and CEO. “Although net effective new lease rents have decreased in our markets from a year ago, we are pleased to see these levels holding steady, on average, since the beginning of the year. Continuing job losses leave us cautious for the remainder of the year, yet we believe that steady rents and current occupancy of 94% position us well as we enter our primary leasing season.”